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yes for sure! No kidding!
Hopefully we are on the mend here, another few ticks up and everyone will feel a lot better.
Gotta be close now..
Nice to see the uptick. We have said that if it was going to start to move we would see interest drift in. Lets hope we can launch from here!
Good luck to everyone, much better to have an up day than a down day!
yes but still a lot better than .5 coin faucets we had not long ago!!!
LOL it is not my song!
But it is the right song for this!
Good luck to everyone!
109 million on the bid..
That is a lot of shares, just took a look for the first time today.
Hopefully we can pop up a tick or two.
That was the first song we were going to play at the party!!
Dan just sent this over to me!
It is a new ImpactPPA video, had to take a minute to upload it somewhere so I used Vimeo..
You wont believe the song! Gotta love it!
\ImpactPPA
Good to see you post! We are very close now, hopefully those tail winds of climate change worries and the resurgence of renewable energy will be enough to take us over the top here. Lots of money flowing into this area hope we can ride it now while its here :)
I certainly hope so!
Here is the big picture plan on my end..
1- ImpactPPA gets funded, many different sources from project funding for capex through Windstream to token sales mainly from some big players . Once it gets rolling a bit, the work will just grow exponentially that much is clear.
2- WSTI gets enough for lift off, resolving some matters and filings.
Then just some thoughts, nothing below is from Dan at all just me..
1- I introduce Dan to the Worldwater Solar people (I am visiting WWS on August 14th), Giving impact a whole new angle for their smart meters and a new solution to offer, pretty much doubling their potential. WWS actually has a new roll out that fits perfect with Dans smart metering. Dan's set up also might revive some bigger WWS projects which ill get into later. And Dan might benefit from a crew of people that have worked with public and private companies expanding his reach to keep the companies on a better financial footing with lots of good assistance.
2- The same circle of people are excited about a product/company called Durasan (hand sanitizer/surface sanitizer), some recent tests shows it can keep a surface sanitized for up to 30 days. but in any case way longer than other products. This is huge product for the 3rd world. Lots of interest from cruise lines and other places. A lot smaller at first than the big equipment stuff but never underestimate better solutions to things people already use.
3- We work with people to get stuff in front of major climate change orientated foundations. This year could not be better timing for this. As I mentioned California is burning, Europe is melting and India is facing one of the worst droughts in their history. Combine that with systems that can roll in with solar power/wind power, water purified from the sun and patented long term sanitizing products anywhere in the world and you not only have a business but a disaster relief organization as well.
4- As WSTI party ensues, we perhaps get some "bounty" of Impact tokens from Dan. This is small seed money to get some interest spreading the news about Impact. I even know a way you can get more free which Ill talk about soon , using some free crypto that can be eventually converted to BTC then to Impact tokens (one public sale happens)
Other ideas...
Solarmills for coin mining, especially in areas trying to stop mining due to demands on the grid
solarmills for pot growing
Micro-investing set ups where as an investment people can go in on small system setups in other countries to get a return. Similar to how socially minded people now buy a cow for a village or goats etc..
Just gotta keep plugging even after round 1 happens. We gotta make this strong for a while make some money, perhaps get some warrants and token bounty!
Good luck to everyone ..
where RSH been?
Well the people that pumped and dumped actually left, so talk to them. They rode the wave on our info. We gave a few of them their best trade of the year. Others have the same shares or even more. Accumulation is off the charts here.
Follow the info. Only thing that happened is they pushed it before the company was ready to release news. And unlike these "we are selling disney juice boxes in the middle east" press releases this is real business in the tens even hundreds of millions of dollars.
WSTI, little old WSTI probably even in dark zone dead land did more sales than a dozen of those little press releasing monsters because they just issue press releases since there is not much really there..
Like the CEO of AAGC that was "grateful" for her new job. And who
"summitted" the new forms. Cant even spell "exchange" correct on securities and exchange commission forms..(pre-printed part of the form said "Excange" not even sure how that even happens.
Not yet.. very soon though.. I know, not "soon" or "shortly" enough.
Actually the other stock is ok but go read the email someone got about the prior run and 90% drop whoever wrote that from the company? Said it probably went down from dilution! LOL.. never seen management say that before but its unclear who said it I guess in OTC land.
Good luck! Just cut us a break here, our time is coming :)
No actually, people like me been here since 2015.
Stock up 300% since the start of May..
Chasers followed peeps that blasted this all over IHUB, it was just a bit premature from where news was ready to come out.
Besides, you stated you were putting bids in at .0005 ! Guess you lost out or missed out or perhaps were just plain lying about buying? no?
Viewing posting history tells a lot.
Buy a ticket to the show or watch it go right by you man. Or you can choose to buy the Disney juice box stock, or the companies with the toy drones with a few million in contracts or maybe that dilution machine you yapping about on momo.
This is the big league here. In a few weeks we could be the biggest success story in OTC land.
We already ran to be a 28 bagger for some. That was nothing compared to what is coming!
We had no news and were 28 bagger.. last one with real sales and visuals like this ran to be a 630 bagger.
You wanted 5s , if you never got them consider some 4s or even 3s if you can get em. Just a small amount, that way you can cheer up a bit , have a change of life , be a bit more positive!
A few decimal places off I think.
GO WSTI!
Same here!!
Today is a bit better humidity wise but all summer has been a mess of hot sticky carp!
We gotta hope 100lbStriper posts back so we can head out fishing as I think he is from Jersey too!
Almost Party time!! I think Dan said he would come, can probably get someone from worldwater also, going to invite an actress a few movie friends and other friends. I am in the credits of "Murder University" - Where it is not just the tuition that will kill you! LOL
Murder U
Ill have my client invite Michael Bloomberg, but while a huge fan of alt energy I am not sure other than my client knowing him if he attends any events but he might like ours ;) If not Michael some of those Bloomberg tech reporters might show. News coverage, incubator people etc..
No throwing Blizz in the stream either! Just letting people know that up front! LOL
Bloomberg Fights Climate Change
With the world melting it has to be the time for solar/hybrid plays to work out!
Gonna load the cooler! LOL
The tailwinds are blowing....
California is on fire, Europe is melting have you seen that temperature map?, Greece is on fire and we have one of the best ways to fight global warming. The timing is right here.
ImpactPPA brought power to a village in Haiti that had been without power for over 2 years since a Hurricane hit the island.
ImpactPPA is installing towermills in Myanmar that are taking them off diesel fuel and converting them to solar/wind.
It is bringing jobs with no emissions to India
This is the right place to be. Billions of dollars are being pumped into renewables right now from India to Africa the Caribbean and South America.
It is our time, everything is in place here.
Europe melts
Some people who have followed this for years can see many reasons why press releases and updates are not given on a certain timetable. But It is hard to say things because everyone twists things around here.
Attorneys talked to the SEC a few months ago. Perhaps they warned the company not to do promotion of any kind that would unduly influence share price before a plan was in place which can ruin the chances of things hatching the right way if things got suspended.
When people move from a location to another they sometimes have to wrap things up in a location etc etc..
When something big is very close it might make sense to not fn ruin it.
Tons of reasons why certain things are not said.
But just like you and everyone else people pushed for some kind of letter but my feeling is that thing are getting close and perhaps he can add more to what would have been a very general letter.
What I do know for sure is that Dan is working around the clock to make this happen. And that many people who own stock in his company or who have worked with him or know him from the past circled around to help as well . It could be all these resources will aid Dan now and going forward.
If he can get these first steps done we are going to bring the rain and it will be like a monsoon! And you can take that one to the bank.
I have talked to project finance guys, the people that know the people at WorldWater, shareholders and other business owners who are super positive here.
Nothing is a slam dunk but like I said with the amount of effort going in here I am betting on success. But with small money as high risk situations are not good for massive amounts of money , as you are playing the multiple game where if it works it goes up many multiples of the price.
Just hang in there a bit longer or sell if you feel your due diligence makes you want to sell. But stay on top of it to jump back in if your feelings change.
I asked for you. A new facility will be announced very soon. Very positive vibe from Dan. So I guess they are moving or moved.
It is possible our update will be a bit more info than I expected. At least I hope so.
So there you have an answer!
This was actually a Windstream idea that can be re-hatched if we get good funding here.
This video is a different company but WSTI had this idea years ago.. way back in 2013. I just saw this on the news recently so looked for a video since I remembered the promo mailer piece with turbomills on the side of the road..
Highway Power using Wind/solar
Old info from Windstream 10-K
Highway Market
“Wind burst” created by vehicles passing by medians on roadways, through tunnels and over bridges can provide consistent wind power on a regular basis, and can generate an estimated 1MW for every 3 mile segment of installed Highway TurboMills ® . TurboMills ® set up on top of center dividers throughout the country can power highway lighting systems, call boxes, and emergency services as well as provide excess generated electricity back to the grid.
Energy harvested using natural wind currents and the “wind burst” or draft from moving vehicles can be harnessed to provide clean power to our electrical grids. This use of the TurboMills ® design will not only harness the untapped energy created by a passing vehicle but also translate the fossil fuel burned in an internal combustion engine into usable electrical energy. This application is estimated to generate utility scale power with minimal cost of transmission due to the proximity and ease of grid connection from the highway.
WindStream will deploy its highway version of the TurboMill ® technology in parallel with its current marketing focus of Municipalities and light industry. In doing so, the Company has secured pilot test sites that will benefit from the installation of the TurboMill ® system. (see appendix) These pilot installations will enable WindStream to collect valuable data that will be used to drive additional sales and installations of this new energy platform.
The steps needed to successfully execute this model are:
Develop a profile of a likely highway installation target
Geography
Political structure
Purchasing policy and practice
Existing green commitment
Existing green investment
Ability to easily engage with decision makers
Likelihood of funding or ability to assist in securing funding
Readily apparent decision process
Defined highway(s) (Circuito Exterior Mexiquense and Supervia Poniente, ) to be used as a pilot roadway to collect data
Site Analysis
Traffic Flow and Monitoring
Interaction between the TurboMill and the highway’s existing grid
Deploy the TurboMill ® system for the specific highway to be piloted
Environmental challenges
Safety issues
Power off-loading considerations
Secure a Power Purchase Agreement (PPA) with the local utility (if needed)
Once this pilot has been undertaken and if successful, the Company will target other States, Countries, Utilities and Government institutions to market this new energy harvesting system and expand its reach and use cases. Just as vehicle draft on highways can drive TurboMills ® so can vehicles in tunnels (the Chunnel-26 miles in length), subway systems, trains, and rail systems.
WindStream has held discussions with potential clients for this product offering focusing on two business models for its highway product:
Lease highway right of ways from State and Local Highway Divisions and sell the generated power to the local utilities through a Power Purchase Agreement. This model provides a huge amount of decentralized energy to utilities in the areas where it is needed most and a new revenue stream for local governments.
Sell TurboMills ® on a “Per-Unit” basis to Departments of Transportation for use, and installation allowing the owner to sell the power created to a local utility.
There are over 4,000,000 miles of highway in the U.S. alone
***********************************************
Hyderabad is where WSTI India is!
Congrats on being out of retirement! keep posted here as things hatch you will see news. Not sure if you say Dan Bates posted here, his post is at the top of the board. We should hear something soon, the timing is up to Dan and the attorneys.
You and I have talked before. If Dan pulls this off there will be lots of ways to stay in this game and make some money and in your case perhaps given your background even be involved in some stuff directly.
Trying to stay positive I even talked to Dan about the Party we are planning . He said he would come and to book it LOL . He also said he would consider a Bounty of ImpactPPA tokens for shareholders. A Bounty is like what you read about with coins that have "airdrops" but its a bit different and set up in an official way to comply with regulations.
In addition to WSTI stock, ImpactPPA bounty seeding. There could be projects of interest like getting people involved in solarmills for coin mining since electricity costs for such operations are soaring and one of the biggest expenses. Someone even mentioned to me setting up pot greenhouses with them. There is a lot of opportunity. Even from perhaps those things like where people socially invest say in a solarmill for a family and get a return like the PPA concept is set up for.
Best of luck with your travels, do not lose too much in Macau if you gamble!
The only thing that happened here was the stock woke up on its own due to the ImpactPPA thing. Then a few people posted and alerted people on other boards across IHUB. The stock ran hard as just a few people bought a few hundred million shares etc etc.. However, the news flow timing was not what was needed to sustain the run, hence the sell off.
Since the start of May , even with the low painted bid the stock is up 300%, a bit depressed from the selling and lack of news from perhaps a fair price a bit higher. But as opposed to early May we know a lot more..
1- That people are working on a restructuring and apparently some debts have been cancelled
2- There is a lot more business around than we had thought or knew about
3- Management has been somewhat in touch with people although not to the degree we all had hoped.
4- There is the new ImpactPPA angle
In my opinion light years ahead of where we were ..
Everyone , including myself would like "news" . However, many if not most of the news machine stocks have management that at times just says things because the whole game is selling stock. CEOs that cant spell, disney juice boxes in the middle east, garbage contracts etc.
I wish we all knew for sure exactly what was going to happen, but we do know what COULD happen. Seeing that for a lot of the old timers here it has already been a long wait over 2 years waiting a few more weeks or months is not a huge deal if that is what it takes.
Since the stock moved, I have had to deal with a lot of stuff.
First I was accused of being Dan Bates and or John Fife or one of his "minions" , then I was accused of somehow making up my own websites because I uploaded photos to be hosted on a free domain site so I could post a link to them here . We got people saying Dan is not the CEO, people saying nothing exists. Endless craziness.
Just having a small investment in this stock has nearly doubled the amount of "work" I have to do every day. You think you have it bad? LOL
In any case, I have talked to large shareholders here, I have talked to smaller shareholders here. I have talked to Dan, I have talked to former contacts of Dan, I have talked to people who had no idea what Windstream or ImpactPPA is and 90% of those people are working to help right now. I have never seen such interest in making things succeed. While we are on the never ending yoyo emotionally this time I am betting that that level of effort will be rewarded as the potential is so huge something will break. And if it does break there will be numerous ways to make money here not only on WSTI stock (which is our #1 goal etc)
People here have often at times picked on RSH. RSH has provided such a seasoned and well thought out honest opinion of things that he helped guide me to help the situation and is working his tail off to help as well. He is incredibly smart. RSH and I do not always agree,but that is what you want to surround yourself with if you want to succeed super smart people that help you re-form your own opinion and be better at things.
I decided to try to stick this one out myself. I go through the same stuff everyone else does. Not sure if we will all be drinking Dom Perignon or if its just Skinnyman and I stocking some beers in our coolers LOL
But in my personal opinion, and everyone has to make their own minds up, the amount of people working on helping combined with Dan's efforts and perhaps a bit of luck will make this happen.
Well hopefully the real HAPPY hour is coming up!!!
Now that one will be mighty special :)
And in the case of the Solar Charka project...
You are giving people a chance to WORK and earn money. People want opportunity and do not always need hand outs.
What Bates is doing which will be much bigger as this rolls out I am sure, is providing opportunity to people. And he will be in a great position to roll out more things.
I mentioned the water stuff before. India has a terrible drought now. Some 400 million people are at risk of not having enough water.
Then figure that many of those areas in danger also do not have electricity to run a pump etc. Enter our solar with a side of water idea..
But it is not just about India. The company has installations in 40 countries. I am thinking Haiti and the rest of the Caribbean is a big area, then South America where we already did a ton of work and Africa etc.
Great attitude!!!
Oh yeah, as soon as I saw those faces in Haiti with Dan in the background after he lit up a town that had no power for over 2 years I knew I was going to dig in and do what I could to help.
As much as I try, I would have been nowhere without my good buds on the board that have provided so much info and also a bit of stability to the emotional rollercoaster.
In reality the only thing that happened here is the stock woke up and ran due to a few people posting about it in other places , and ran ahead of where it was ready to go for a bit.
But we are catching up now.
Dan is doing his very best. As are lots of people around him and in the shareholder base. Even people that might have had worries before over the years are excited about what is going on here.
Much closer than 3 years! LOL
Things just heating up.
The old "ME" would have been selling here. The new me is "Game On"
I have no problem with anyone deciding they had enough and have to sell. I know because I was that person. Just keep an eye out and when something hits some risk will be removed and you can jump back in.
I can say though is this breaks it will break big, and I am going to suggest to Dan that he fill the coffers with warrants down the road giving us a chance to make more dinero along with possible ImpactPPA token bounty etc.
I have a list of 5 different ways to make money as this thing moves.
Regarding the shareholder letter perhaps things got a little close and he can do a better letter soon who knows. I do think we can eliminate the factory worries and other things though as soon as he can get something out.
With the effort Dan is making along with many other people I have to say I am more confident than ever that the long wait will soon be over.
My biggest worry is that this damn economy and market holds up a bit longer..
Good luck to everyone!
37.00 trade at 3 LOL
Reach out to Dan, I think they are moving..
There is always a plan.. hopefully the shareholder letter will disclose some of these simple , basic things so that people do not worry over things they do not have to worry about..
I do not think anyone is comfortable with where this is trading. And everyone , myself included stresses over it.
But stressing and complaining does not get anything done. Obviously selling at the highs and then rebuying at the lows would have made some sense but no one knew where would be when everything was moving in the right direction. If people sell because they feel they need to then they can always watch and ride the train later .
Everyone has to make their own decision on what they think they should do.
I think personally I am affected by my last two things I pegged right but still made poor decisions.
I made money on bitcoin a number of times with small money. But even though I saw the groundswell I got nervous and bailed out of my last 3 coins at about 750 or so, 6 months before it hit 19,000. Missed out on 50k in money.
Another one I was a bit smarter, stock went down reversed , everyone said sell, I loaded up 10x. Stock ran from 15 cents to 49 post split (sold 1/2 at 42). Went way down, and did not bail even though everything was negative. Company had like 10 cents a share in cash stock selling at 19 cents or so. Well they just merged into a profitable pot company and it should be a 5xr or higher, uplist to higher exchange etc.
So sometimes if you got a gut feeling you should hold and go with it, rather than panic. But believe me I can panic with the best of them and it is the strong research and personal notes from friends that keep me going.
Worst case scenario here I lose very little, best case is off the charts.
But again everyone has to make their own choices and sometimes those choices will be smarter or better than mine..
While no one knows what will happen, if things do happen it will run quick just like before, even quicker I think because lots of people that could not sell for a few years sold stock, and others invested a bit higher.
Plus if things go the right way, we all know where it can land.
I am pretty open about stuff, so my plan is at .0030 ill carve out a few shares just to pay a few bills, then hold the rest.
I might add on news knowing where will be heading, but I have more shares now than when it started running originally as planned.
I have no doubt if this happens and we make money we will be wired in directly to make more money along the way. Maybe getting warrants or bounty Impact tokens or both or even working on projects .
I have a ton of ideas that can get rolling should this work out.
Right now I think everyone is trying hard. You have a very hard working CEO and tons of smart people pulling together. Every once in a while people catch a break and I sense that is coming..
Good luck to everyone!!!
That is a valid point. That is why people have been pushing for a shareholders letter.
Back right when this started to move I stated (if you recall) what we needed was a very basic press release stating..
1- WSTI is in the process of restructuring and has eliminated X amount of debt and that process is ongoing( already basically known from sources and the fact that they have a workout attorney etc)
2- WSTI was in the process of finalizing an agreement with ImpactPPA (already known from the whitepaper for ImpactPPA)
3-WSTIs attorneys had contacts the SEC and filings were being worked on with completion expected on XX date etc..
That is what I said originally.
If that could ever be combined or followed up based on the concerns of people here
1- Management owns XX % of stock in WSTI and was dedicated to finding a path for the future of WSTI
2- WSTI currently owns XX % of Windsteam Energy Private India etc (hopefully 55% or more)
This would basically eliminate all worries expressed here without even saying anything forward looking and give incredible confidence to shareholders without speculating on a thing.
This is really all that is needed. However despite the best of intentions we just do not know everything here so there are things we might not know but to me that is all that would be really needed to really blast this off.
And that does not even include and of the dozens of other positive things that can said about projects, relationships, etc..
I do not think for whatever reason he can do all this now but when the time is right it is really that simple..
I am not sure how things work when the company is dark. The best I found out is that when asking someone a general question someone not totally the same situation but if a company bought shares but never cancelled them they would still be outstanding. Usually in formal buybacks a company cancels shares , sends a list to the TA etc. Also they are required to keep records of cancelled shares etc. But I have found no info on how that works with an individual and when reporting is dark etc.
All these little things you just cannot find answers on anywhere.
I agree a lot of black holes in the info flow.
But just to explain. ImpactPPA is a private company for now. It was set up by an excellent securities attorney one of very few top notch experts in the area due to the whole crypto thing being somewhat new. It is easier to raise money there where all legal guidelines for money raise are met and set up already. In other words the reason why people talk about that is because its faster and smoother to do that way.
Dan is CEO of both companies. WSTI as it stands now in the FINAL version of the white paper is listed as a partner and one their key relationships.
The main reasons why things do not get said immediately is to not mess things up.
We seem to have stabilized where we are now. If we get a bit of good news perhaps that shareholder letter followed up by more stuff in the coming few weeks we should be good and start moving.
I wish I knew for sure what was going to happen but I do not. I can say Dan has worked very hard, as have a lot of other people. Usually with the right tailwinds and enough effort things break positive.
Dan is also a very good promoter and once he has fodder to spread it will be spread and he will get needed funds.
Many of us long time owners here have speculated how we would do things and Dan is smart enough to see those same things. If he did you might be really shocked some day soon. There have been hints and that the trading float is a lot lower than the OS stock. MWM first mentioned it. We talked about how to do this for 2 years. You buy up the cheap stock and either sell it later when you hatch or place it with a strategic investor.
Other than the core crew here that talked about this, who would be the number 1 person with interest to do such a thing? A CEO who does not want to lose control of his own company.
Pure speculation but if that happened and Dan saw a plan could work and he had someone well trusted to support him he could place a block of stock with that person for the cash he needed.
There are any number of ways a plan could work. But I know if it were me Id want to own 51%. What would 2 billion shares x .035 (prior high market cap equated down to todays shares) = ?? 70 million?
Most likely scenarios here is that when Dan started ImpactPPA last year Crypto was hot. Another energy token raised 150 million, he figured hed get a quick 50 million and be off the the races. But then crypto crashed and the raise was more difficult. He is in the right place, with probably the most intelligently written and realistic white paper there is with business to back it up and a demo, but (and I even told him this ) he is a bit ahead of the investment pack. The security tokens will trade on an exchange like stocks. But people do not (many people at least) do not fully understand this yet. A few years from now everyone will be like totally behind it but now he is a bit early.
If it were me, I would have bought all that stock, focused solely on the filings giving him every opportunity to raise this equity value to where he needed it then tapped all the newly made money with warrants. He has a very committed shareholder base and everyone I spoke to would be in on that action.
But when you are looking for ..
1- accredited investors (over 1 million assets or 250k annual income
who
2- Believe in the newest incarnation of crypto and where it is going and want to invest knowing that in a year or two they will be in the right spot...
You REALLY narrow down that list of people who can pop money in to some really rich wall street guys and hedge funds and a handful of people.
A good question and valid concern.
The project list when it was in the prior white paper included a combination of both solar and hybrid (with wind) products. Even when doing solar projects WSTI could potentially be involved buying panels in bulk, setting up, adding technology etc. But they do not have to be in all cases.
Given the amount of the business....Start with the 186MW that was in the sheet, and then add India, and add other jobs not listed they have to be way over 250-300 MW in total projects.
Lets just say half does not involve WSTI at all. Better yet lets say 2/3 does not.. Then you still have almost 100MW of power production at about 1 to 1.2 million per MW or 100 million plus in business.
WSTI had a market cap of 160 million when it was doing 2-3 million in sales.
Basically you are right in your comments but in the big game there is so much business in relation to where we are that it just has to get off ground zero to get to where we need it to be.
Hey Man, hoping to have some Dom Perignon in that cooler and if the party happens gonna bring some Louis the 18th cognac (for the private after party) might need some help affording that though LOL
With the amount of people working to make this happen I remain very hopeful.
It might be exactly like what happened before. Nothing then things just wake up on their own.
Just today I found out a former hi tech purse company I own stock in that was planning on turning into a pot company (they had a lot of money and a shell on Canadian exchange) bought a company to reverse merge into in some crazy deal. Going to be uplisted to CSE exchange from the venture. When that closes ill have a bit more money for WSTI chase fund. From a blown out company to a profitable company and uplist over the last few months. cool website, growing business though... PureKana netting about 3-4 mil a year profit. Gotta see the rest of the structure but should be 5-7x where it left off when it opens. Woulda been more but the structure took some of "da money" and gave it away to get "mo money" for operations LOL
So these crazy dead to lion things do happen..
It very well might be..
But last I checked you could not get shares outstanding as people here stated the TA was "gagged"
And "remediated" debt in what way? This thing dropped from 3x where it is now in 3 months on heavy dilution.
Does remediation include all those conversions that took place? then the rest thrown into convertible preferreds?
Are those preferred stock shares convertible? My guess is they are or might be.. you need to know that as well.
Also only two toxic loans left? Well that is nice but what is the amount of those loans so we can calculate the total shares that can hatch at these levels.
Moves in the right direction but really premature to say this thing is fixed in any way. Just my opinion. Company has good product for an industry that needs some good news. Other things have gone well but no one will throw big money at something when you do not know the shares or amount of dilutive notes left etc..
New Board Advisor (ImpactPPA)
Edward Cotler
Edward Cotler is a corporate finance expert, with a career that spans over two decades. He served as VP of Investment Banking at Goldman Sachs, focusing on new business development. Ed will become a strategic advisor to the company at the end of his garden leave at Goldman Sachs.
Here is a real life example of how business can be for companies..
Back during the recession we had in 2009 a client of mine who had a business he built for years up to about 5 million in sales saw sales decline about 40%. The sold, serviced Industrial sweeper/scrubber machines.
I get a call from the owner of the company saying you need to come down here I am firing everyone and closing up. I got there, and over 15 years of helping this guy I knew all the employees. The guy was yelling and screaming and throwing things. I have never seen someone so stressed out. If he closed up his personal loan guarantees would have taken about 400k of his money as well.
Well we worked out a plan, I brought in my dad to help him. Dad renegotiated loans to get slower payback period and an SBA loan expansion. No one got laid off , everyone took a 20% pay cut. One of the things he threw at me I picked up and looked at. It was a proposal to be the sole distributor of a line of low speed electric vehicles in a 5 state area. Something that fit well with his business but he was not seeing straight. I gave it to his second in charge and we worked on it. And he decided to give it a try. Within a year he had over 1 million in sales added from picking up this line (due tax incentives/credits etc they were popular). As a result everything turned around with the economy and just 2 years later we sold his business for 1.2 million all cash deal.
So one minute you can be gone and people lose jobs and you lose 400k , the next with some hard work you can have 1.2 million.
This is how things are out there. It takes digging and grinding and hard work every day at times.
3 of those employees jobs we saved showed up at My dads funeral services, the same day WSTI started moving (May 25th).
This is what life can sometimes be for small business people ,a constant battle.
Just to explain a bit...
They can still use the 500k obviously any working capital helps. But recent POSITIVE developments which Dan can leverage to do the heavy work himself might make the need a bit less super immediately that is all.
People twist everything around here. I get the anxiety level, I get it too.
But please do not argue with each other and put people down. I let the flow go here because I talked to a few IHUB Admins and prefer to have them review and delete posts rather than take away the flow of comments but focus on the issues (positive or negative) not on personal attacks please.
Thanks Sutt, like I said it is a lot of people. Geezus we have been talking for almost 3 years! LOL
This is a great crew. If people make a lot of dough and we are wired in with Dan who knows what will happen. A bit of an bounty of Impact tokens, the in to help with projects, even perhaps selling stuff as he expands in the US etc.. Between Dan and his known pipeline, his almost pipeline and Worldwater's pipeline it is about 1 billion in business!!! That is crazy..
Obviously we all want the stock to go up. But once Dan is free to roll, no one puts out high quality pressers like Dan. I even know people that did his videos.
While Windstream was dark and before we moved. I talked to almost everyone that was selling , shipping, servicing, working or posting about WSTI anywhere in the world LOL
People were messaging me saying "hey I need this" when they couldnt contact the company !
Pretty smart thinking there Sam.
I think you could be correct. I think you deserve some free drinks on me at the party :)
UPDATE
Concert was awesome! Picked up my daughter from work met friends there.
I post a lot yeah...NVGUY..
But this is a GROUP effort. People have even written me offering to come up with money to help WSTI. People are committed here. That is why I truly feel that if Dan gets things done that he has to and he opens this up the money created here can be tapped with warrants later on to take us to the next step.
I have never spent so much time on the phone in my life. Well one time, when I was about 17 I spent 20 hours straight on the phone with a girl I am still friends with to this day!
But in any case, you have no idea how many people are working to help. From major investors, to former contacts of Dan to boardies here . I talk to Robert (RSH) a lot, and many others by phone and messages and such.
If Dan gets step 1 done and this runs and we have a 160-200 million market cap , 10% of that is 16 million, people can choose to participate in warrants and fund more of his future with money they made.
Right now whatever pipeline you think there is it is 2 to 3 times larger. When he said he he was more than enough business he is not making that up. But like any business there are things you need to do to get started and have a strong foundation.
In my research I found out that it is possible the TA does not know how many shares have been siphoned up by the company or insiders, if they have not been cancelled (as in a formal buyback). MWM was correct, the float here is smaller. I know I posted a picture of the Bates Dyson vacuum cleaner here as a joke a while back but when many of us sat here and figured out what we would do, it would make sense since we are no dummies!! LOL
Everyone wants to know on timing..
I think the shareholder letter or press release is in front of the attorney now. So if that gets the Ok we should know more , that should be soon , unless it is not ok to send out, not sure not in the loop there.
But I think we also here about some developing business opportunities within a few weeks at most.
This thing has got so crazy that , even peoples moms are texting Dan about business for Dan LOL (cant give details I do not know them)
Today a former associate of Dan I have been talking to for 2 years connected back with Dan and I got invited to go to WorldWater down in Princeton , NJ
I also talked about this really cool product that I think would fit into the whole third world situation but which has a lot of interest from cruise lines and other businesses. You can google it , it is called Durasan Hand Sanitizer. Same little group knows those people . Private company. Much like purell only lasts a lot longer. On surfaces some recent tests shows it lasts days or weeks killing germs.
So Bullet points are easier than me rambling so..
1- Shareholder letter if approved few days? Monday/tues? maybe but soon
2- ImpactPPA news soon regarding even more business. People are like calling every day with projects. Probably within the next few weeks
3- Recent money needs are just a bit of seed capital to get to ImpactPPA announcements which can be used to promote to wider audience and raise more money.
4- One of the calls today was to Dan from someone that might be able to bring some financing. he messaged tonight while at concert and ill talk to him tomorrow.
5- I am super excited personally about the possibility of hooking my client and his worldwater friend and another guy I just met there that has experience in India with Dan. These guys are way more substantial than I am and can bring the rain. Everyone I talk to especially our real rocket scientist guy RSH here believes if we had electricity and water all from renewable sources and can co-market these and walk into any disaster area in a short period of time we have a huge winner.
On a personal note, I am just like all of you. Up and down like a yoyo. not sure if the suffering will make the victory all that more sweet but I am just as anxious as everyone else here.
If it were not for my friends here that I talk to I probably would have panicked out a dozen times . Remember Im the guy that sold bitcoin 6 months before it ran to 19,000 feeling happy with my double/triple to 750 LOL
I think within a week or two we will have a lot more info to go on so if on the fence I would give it a bit longer.
Remember if you sell because you feel you need to you can always have a chase fund.